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Big pharma accused of ‘free-riding on nature’ as global fund attracts just $7,000
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An international fund created to protect biodiversity has raised only $7,085, although it had proposed to attract about $1 billion annually. Large pharmaceutical companies, which use genetic information from nature for the development of medicines, have so far not contributed any dollars.
Big pharma accused of ‘free-riding on nature’ as global fund attracts just $7,000
The Cali Fund, set up to raise $1bn a year for biodiversity from drug companies, remains near empty Big pharmaceutical companies have been accused of “free-riding on nature”, after a landmark biodiversity fund that invites businesses to put some of their profits back into conservation was left virtually empty. The Cali Fund set out to…
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